Federal National Mortgage Association (FNMA)
| Market Cap | 470.18M |
| Revenue (ttm) | 95.54B |
| Net Income (ttm) | 5.20B |
| Shares Out | 1.16B |
| EPS (ttm) | 0.01 |
| PE Ratio | 40.13 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,246,679 |
| Open | 0.424 |
| Previous Close | 0.424 |
| Day's Range | 0.4 - 0.439 |
| 52-Week Range | 0.4 - 1.1 |
| Beta | 1.88 |
| Analysts | Sell |
| Price Target | 0.77 (+91.9%) |
| Earnings Date | Nov 8, 2022 |
About FNMA
Federal National Mortgage Association provides a source of financing for mortgages in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The company operates through two segments, Single-Family and Multifamily. The Single-Family segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed b... [Read more]
Financial Performance
In 2021, FNMA's revenue was $36.59 billion, an increase of 58.68% compared to the previous year's $23.06 billion. Earnings were $22.18 billion, an increase of 87.85%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for FNMA stock is "Sell." The 12-month stock price forecast is 0.77, which is an increase of 91.88% from the latest price.
News
Fannie Mae Announces 2023 Connecticut Avenue Securities (CAS) Issuance Calendar
Fannie Mae Completes CAS Issuance for 2022 WASHINGTON , Dec. 7, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today its 2023 Connecticut Avenue Securities® (CAS) Issuance Calendar as part of i...
Fannie Mae Introduces Enhancements to Help Expand Homeownership Opportunities for Underserved Borrowers
Updates e nhance the underwriting process to support loans where no borrower has a credit score WASHINGTON , Dec. 6, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA), today announced innovative enhancemen...
Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes
WASHINGTON , Dec. 5, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced that it has commenced fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for the purchas...
Fannie Mae Releases October 2022 Monthly Summary
WASHINGTON , Nov. 30, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) October 2022 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-t...
US government entities Fannie Mae and Freddie Mac were just cleared to purchase mortgages of over $1 million for the ...
With US home prices climbing by more than 12% in the year through September, so too can the size of your mortgage.
High home prices push Fannie Mae and Freddie Mac to back loans of more than $1 million
Mortgage giants Fannie Mae and Freddie Mac will raise the limits of government-backed loans to a record level for 2023, with the maximum loan limit hitting more than $1 million for high-cost areas, the ...
Fannie Mae Executes its Eleventh and Final Credit Insurance Risk Transfer Transaction of 2022 on $10.1 Billion of Sin...
WASHINGTON, Nov. 22, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its eleventh and final Credit Insurance Risk Transfer™ (CIRT™) transaction of 2022. As part of Fan...
Economy Still Expected to Enter (and Exit) Modest Recession in 2023
Housing Sales Forecasted to Hit Trough in Q2 2023 Before Beginning to Rebound WASHINGTON , Nov. 21, 2022 /PRNewswire/ -- After rebounding at a 2.6 percent annualized rate in Q3 2022 on the strength of n...
Fannie Mae Launches New Single-Family Social Disclosures
New Disclosures to Provide View into Socially Oriented Lending Activities WASHINGTON , Nov. 16, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today launched new social disclosures, the Social Criteria S...
Fannie Mae Reports Net Income of $2.4 Billion for Third Quarter 2022
WASHINGTON , Nov. 8, 2022 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) today reported its third quarter 2022 financial results and filed its third quarter 2022 Form 10-Q with the Securities and Exchange Comm...
Americans' confidence in home buying has fallen to its lowest level since Fannie Mae's survey began
Just 16% of Americans believe now is a good time to buy a house, Fannie Mae's monthly survey shows, as mortgage rates soar and buyers back away.
Confidence in US housing market hits a new low: Fannie Mae
Rising mortgage rates and high home prices have brought consumer confidence in the U.S. housing market to the lowest level in over a decade, according to Fannie Mae.
Confidence in US housing market hits lowest on record: Fannie Mae
Consumer confidence in the US housing market has plunged to its lowest level on record as steep mortgage rates crush demand, according to findings released by Fannie Mae on Monday.
Basis Multifamily Finance Awarded Fannie Mae Delegated Underwriting and Servicing (DUS) Approval to Provide MF Fannie...
NEW YORK--(BUSINESS WIRE)--Basis Multifamily Finance I, LLC (“Basis”), a subsidiary of Basis Investment Group, LLC, (BIG) a national commercial real estate (CRE) investment platform founded by CEO Tammy K.
Consumer confidence in the housing markets hits a new low, according to Fannie Mae
Rising mortgage rates, high home prices and uncertainty in the overall economy have Americans feeling more pessimistic about the state of the housing market.
Fannie Mae Adds Basis Multifamily Finance to Network of DUS Lenders
The Minority- and Women-Owned Business Advances Fannie Mae's Commitment to Diversity and Inclusion WASHINGTON , Nov. 7, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the addition of Basi...
Home-buying sentiment hits all-time low, as mortgage rates surpass 7%, Fannie Mae says
Home shoppers have been so put off by elevated home prices and mortgage rates that buying sentiment has hit an all-time low, Fannie Mae said.
Consumer Confidence in Housing Hits New All-Time Low
Only 16% of Consumers Report Now is a Good Time to Buy a Home WASHINGTON , Nov. 7, 2022 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 4.1 points in October...
Fannie Mae Announces Scheduled Release of Third Quarter 2022 Financial Results
Company to Host Conference Call WASHINGTON , Nov. 4, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced plans to report its third quarter 2022 financial results on Tuesday morning, November 8...
Fannie Mae Priced $392 Million Multifamily Social DUS REMIC (FNA 2022-M2S) Under Its GeMS Program
WASHINGTON , Nov. 3, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $392 million Multifamily Social DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program o...
Fannie Mae Releases September 2022 Monthly Summary
WASHINGTON , Oct. 31, 2022 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) September 2022 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and yea...
Fannie Mae Announces 2023 Benchmark Securities Issuance Calendar
WASHINGTON , Oct. 27, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced its 2023 Benchmark Securities® Issuance Calendar (PDF). The calendar provides opportunities for investors and other ma...
Fannie Mae Announces Winner of Twentieth Community Impact Pool of Non-Performing Loans
WASHINGTON , Oct. 25, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twentieth Community Impact Pool (CIP) of non-performing loans. The transaction is expected ...
Fannie Mae, Freddie Mac to use alternative credit scores — what that means for potential homebuyers
NASHVILLE — The federal government is expanding how it collects credit scores, which may allow more Americans to potentially buy homes.
FHFA Says Lenders Should Use FICO, VantageScore for Loans Sold to Fannie Mae, Freddie Mac
The Federal Housing Finance Agency will require lenders that use credit scores for mortgage underwriting to use scores from both Fair Isaac Corp., the creator of FICO credit scores, and its competitor V...